A federal appeals court blocked the remainder of President Biden’s student debt handout on Thursday in a major blow to one of the president’s major re-election talking points.
“We are assessing the impacts of this ruling and will be in touch directly with borrowers with any impacts that affect them,” an Education Department spokesperson said.
From CNBC:
The 8th Circuit Court of Appeals seems to have blocked the entire SAVE plan, said higher education expert Mark Kantrowitz.
Previously, only part of the plan was on hold amid a flurry of legal challenges to the relief program.
This story is developing…
Federal appeals court blocks Biden's new student loan relief plan https://t.co/t95XRvkjF7
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